COMPETITIVE · MARKET STRUCTURE · INDONESIA
INNIO to acquire Enerflex’s APAC aftermarket operations (Australia/Thailand/Indonesia)
Change
INNIO Group signed a definitive agreement to acquire Enerflex’s aftermarket operations in Australia, Thailand and Indonesia, with closing expected in 2H 2026 subject to regulatory approvals and customary conditions.
Why it matters
INNIO’s signed definitive agreement with Enerflex moves Enerflex’s APAC aftermarket service operations (Australia, Thailand, Indonesia) toward INNIO control, pending regulatory approvals and closing conditions. The stated close window (second half of 2026) sets a long lead time where counterparties may face transition planning, contract novation/assignment, and changes in service network access once ownership transfers. For industrial users relying on aftermarket support for distributed power and gas compression equipment, the transaction concentrates service capability under INNIO in these markets. The deal also expands INNIO’s regional footprint and customer proximity, potentially altering vendor qualification and service-level accountability post-close.
Implications
- • Aftermarket service ownership in AU/TH/ID shifts to INNIO upon 2H 2026 close.
- • Regulatory approval becomes a gating factor for timing and deal certainty.
- • Customers may see changes to service contracts, SLAs, and parts supply channels post-close.
- • Regional aftermarket competition may tighten as capabilities consolidate under INNIO.
Who is affected
- • Enerflex APAC aftermarket customers in Australia, Thailand, and Indonesia
- • INNIO APAC service organization and channel/field-service partners
- • Enerflex APAC aftermarket employees and subcontractors tied to the operations
- • Industrial operators using distributed power and gas compression equipment in-region
Source
Topics
Business & Markets Mergers & Acquisitions Supply Chain & Logistics Energy & Power Energy Transition